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BUDGET CAPEX OUTLAY
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...- CPSEs capex surges 63% in April, kick off FY27 on strong notePublic sector companies and key government bodies significantly boosted capital spending in April. This surge of 63% marks a strong start t...
- Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
- Capex drive to power growth as Budget 2026 hikes investment to sustain growth & modernise logisticsBudget 2026: The government has proposed an 8.9% increase in capital spending for the next fiscal, reaching Rs 12.2 lakh crore, with a focu...
- Tighter fiscal policy in works with capex outlay at 3% of GDPThe government plans to enhance financial discipline and align budget allocations to reduce the debt ratio by seven percentage points by FY...
- 'Capex outlays haven't come down, but gone up': Finance Minister Sitharaman replies in Lok Sabha; Here are highlightsFinance Minister Nirmala Sitharaman discussed the Union Budget in Lok Sabha, noting an increase in capex outlays and the challenges posed b...
- Govt may not sharply hike FY26 capex outlay to keep fiscal deficit in checkGiven the limited space for further compression in revenue expenditure, the government would refrain from sharply raising its FY26 capex ou...
- Sitharaman reviews capex plan of Railways MinistryFinance Minister Nirmala Sitharaman reviewed the Railways Ministry's capex plan, emphasizing safety and commuter convenience. She urged off...
- Centre may save Rs 30,000 crore as states falterThe Centre is expecting savings of at least Rs 30,000 crore from its budgeted Rs 1.3 lakh crore assistance to states for capital expenditur...
- 18 largest states to spend 18-20% more on capex: CrisilThe increase in spending will be supported by healthy goods and services tax (GST) collection, devolution from the central government (shar...
- No capex cuts, government may rejig revenue spend in FY24: OfficialThe Centre's fiscal deficit in the first four months of FY24 stood at 33.9% of the annual target, sharply higher than 20.5% a year before. ...
- Finance ministry steps up capex scrutiny on front-loading funds to statesThe Centre has sharply enhanced the focus on capital expenditure in recent years, especially after the Covid-19 outbreak, betting on the la...
- Finance ministry raises capex scrutiny to push growth, focus on states' spendingThe ministry is planning more frequent meetings with various departments to review progress, as it feels intended benefits from the capex p...
- How Budget 2023 numbers make a whole lot of sense, making it a good, dependable exerciseThey have raised effective capital expenditure for 2023-24 by 30% to Rs 13,70,949 cr— a size that was never allocated earlier. Will this be...
- Capex Challenge: 33-35% hike propels economy through government spending; nudges India Inc to investFinance Minister Nirmala Sitharaman again bets on capital expenditure to steer a turbulent economy. The test lies in converting the `10 lak...
- Budget took dramatic bet on capex while continuing path of fiscal consolidation: NITI Aayog VCFinance Minister Nirmala Sitharaman in her fifth straight budget has raised the capital expenditure by 33 per cent to Rs 10 lakh crore for ...
- Budget 2023: A focus on growth and transition path to a $7-trillion economySustained growth will be facilitated by rising capital spend outlays; underlying assumptions of growth, revenue receipts leave room to abso...
- Budget raises the bet on spending, capex target up by 33% to Rs 10 lakh croreUnion Budget 2023: The effective capex will be Rs. 13.7 lakh crore, forming 4.5% of GDP, Finance Minister Nirmala Sitharaman said while pre...
- Looking forward to a consistent growth Budget that will encourage consumption as well: Siemens MD“This Budget will see a continued push on capex and infrastructure. That will be a focus area in the Budget. There will be a continued focu...
- In 8 months, state oil firms use 63% of Rs 89,000 cr capex target for FY 19State refiners are spending thousands of crores in expanding capacity and upgrading their facilities to produce low-emission fuel.
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